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Sales in 2005 hit $50,823,685 up from $46,044,288 the year prior. Below are the ratios for Riordan Manufacturing for 2005.
Current Ratio – Riordan’s current assets (2005) totaled $14,555,092 and their current liabilities (2005) totaled $6,974,094.
2.09 = $14,555,092 / $6,974,094
Riordan’s current ratio (2005) is 2...
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The industry average as of July 27, 2008 was 10.30.
Kudler Fine Foods
Kudler Fine Foods specializes in everything about gourmet food and gourmet cooking. Besides stocking and selling the freshest ingredients Kudler also stocks many tools gourmet cooks need all at reasonable prices.
Current Ratio – Kudler’s current assets (2003) totaled $1,971,000 and their current liabilities (2003) totaled $116,290...
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